- Uncertain recovery from the COVID-19 pandemic
- Ireland’s attractiveness is negatively impacted by potential regulatory or tax changes
- Failure to respond appropriately and sufficiently to climate change risks
- Risk of tenant default
- Poor or mistimed execution of development projects
- Failure to motivate and retain team
- Disruption from external threat/event, cyber-attack, or fraud
- Inappropriate capital structure/lack of funds for investment
Hibernia REIT plc
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Hibernia REIT plc disclosed greenhouse gas emissions of 2.6K tCO2 (absolute); 2530 tCO2 (LFL). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
2.6K tCO2 (absolute); 2530 tCO2 (LFL)
2021
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 2.6K tCO2 (absolute); 2530 tCO2 (LFL) |
| 2020 | 2.6K tCO2e/year |
| 2019 | 25.5K tCO2e/year (Scope 1 2 and 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduction in energy use intensity across our managed portfolio (2016-2020): 51%
- Energy consumption down by 28% and other fuels consumption by 20% (2020 compared to 2019)
- 26% decrease in Scope 1 and Scope 2 GHG emissions (2020 compared to 2019)
- 57% reduction in water consumption across the portfolio (2020 compared to 2019)
- 76% decrease in waste generated (2020 compared to 2019)
- Received a four-star GRESB rating for the first time
- Achieved a B- score in their inaugural CDP response
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce in-place office vacancy rate
- Let remaining space in 2 Cumberland Place and 50 City Quay
- Full alignment with recommendations of the TCFD by end 2022
📅 Medium-term
- By 2030, reduce our overall carbon emissions by 30% and operational carbon emissions by 40% against a 2019 baseline.
- Achieve 70% recycling across all managed assets by 2030
- Ensure biodiversity net gain for all major developments and refurbishments by 2030
🔭 Long-term
- Become a net zero carbon and climate resilient business by 2030
🌱 ESG Focus Areas
Climate changeWellbeingCommunity impact